Common use of Qualifications and Number Clause in Contracts

Qualifications and Number. A director need not be a stockholder, a citizen of the United States, or a resident of the State of Delaware. The initial Board of Directors shall consist of one (1) person. Thereafter, the number of directors may be increased or decreased from time to time by action of the stockholders or of the directors, or, if the number is not fixed, the number shall be one (1).

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Gca I Acquisition Corp), Agreement and Plan of Merger (Gca I Acquisition Corp), Agreement and Plan of Merger (Gca Ii Acquisition Corp)

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Qualifications and Number. A director need not be a stockholder, a citizen of the United States, or a resident of the State of Delaware. The initial Board of Directors shall consist of one seven (17) personpersons. Thereafter, Thereafter the number of directors constituting the whole board shall be at least one. Subject to the foregoing limitation and except for the first Board of Directors, such number may be increased or decreased fixed from time to time by action of the stockholders or of the directors, or, or if the number is not fixed, the number shall be one seven (17). The number of directors may be increased or decreased by action of the stockholders or directors.

Appears in 2 contracts

Samples: WMF Group LTD, WMF Group LTD

Qualifications and Number. A director Director need not be a stockholder, a citizen of the United States, or a resident of the State of Delaware. The initial Board of Directors shall consist of one five (15) personpersons. Thereafter, Thereafter the number of directors Directors constituting the whole board shall be at least five (5). Subject to the foregoing limitation and except for the first Board of Directors, such number may be increased or decreased fixed from time to time by action of the stockholders or of the directorsBoard of Directors, or, if the number is not fixed, the number shall be one five (15). The number of Directors may be increased or decreased by action of the stockholders or of the Board of Directors.

Appears in 1 contract

Samples: Accretive Health, Inc.

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Qualifications and Number. A director need not be a stockholder, a citizen of the United States, or a resident of the State of Delaware. The initial Board of Directors shall consist of one (1) person. Thereafter, Thereafter the number of directors constituting the whole board shall be at least one. Subject to the foregoing limitation and except for the first Board of Directors, such number may be increased or decreased fixed from time to time by action of the stockholders or of the directors, or, if the number is not fixed, the number shall be one (1)one. The number of directors may be increased or decreased by action of the stockholders or of the directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Valeritas Holdings Inc.)

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